PROPERTY VIEW

31-39 Pinnacle Road, ALTONA NORTH, VIC 3025
For Sale : ALTONA NORTH

**SOLD**

Investment(Industrial), Development/Land(Industrial)


Property Description

QUALITY INDUSTRIAL INVESTMENT WITH FUTURE DEVELOPMENT / ADD VALUE POTENTIAL 
  • Leased to a publicly listed company on the ASX - Clover Corporation Ltd
  • 5 year lease from 1 July 2013 returning $233,971 per annum (approx)  
  • Annual 4% increases 
  • Huge land allotment of 21,276 sqm (approx)
  • Building area of 2,063 sqm (approx)
  • Substantial street frontage of 113 metres (approx) to Pinnacle Road
  • Low site coverage – surplus land for future development circa 10,850 sqm
  • Future add value / development potential (STCA)

Contact Agent

Joseph Carbone

Email:[email protected]

Phone:+61 3 9662 3030

Mobile:0418 351 316

Frank Vinci

Email:[email protected]

Phone:+61 3 9662 2025

Mobile:0418 375 375

Property Overview
Property ID: 7972
Building Area: 2063m²
Land Area: 21276m²
Price: contact agent
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Components
Name/Unit Nabers Rating Building Area Land Area Rental PA Price
Main 2063m² (approx) 21276m² sale only n/a
Additional Info
Features
Occupancy Tenanted: Clover Corporation Ltd Zoning Special Use - Schedule 4
Suitable Development   Permits Issued  
Commenced 1 July 2013 Yield  
Lease Term   Bonds / Guarantees  
Rent Review   Car Spaces 28 car spaces
Availability  
Outgoings
Outgoings Payable   Water Rates  
Land Tax   Council Rates  
Owners Corporation / Insurance   Other Charges  
Comments
 
Documents
Floor Plans
 
LICENSED ESTATE AGENTS & PROPERTY CONSULTANTS 100 COLLINS ST MELBOURNE (03) 9662 2020